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R B Properties, Inc |
1054 31st Street, NW
Suite 1000
Washington, DC 20007 |
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Company Description |
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R B Properties, Inc (RB) combines a distinguished reputation and long tradition of successful, private real estate ownership, development, and management in the Washington, DC metropolitan area.
R B Properties, Inc current real estate portfolio consists of one-half million square feet of commercial space and 5 full service hotels containing 860 rooms all located in premiere Washington locations.
RB is poised for future growth with plans for development of 300 additional hotel rooms, as well as another 175,000 square feet of residential and commercial spaces. |
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Company Statistics |
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| Year founded | 1978 |
| Number of employees | 700 |
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Property Portfolio |
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| Types of properties we operate |
Hotel, Conference Center, Free Standing Restaurant |
| Types of locations |
Major Cities |
| Properties are located in |
Washington D.C. |
- We are owners and operators with equity in 17 properties.
- We operate a total of 17 properties.
- We are hotel developers currently working on 2 projects.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to all properties. |
| Accounting | Decentralized. |
| Reporting Requirements | We provide properties a reasonable degree of autonomy while providing overall leadership and direction. (Less than 10 hours of reporting requirements per month.) |
- The company is very sound financially.
- We are adding additional properties to the portfolio every year.
- We have a strong track record of promoting people based on performance, results, and willingness to relocate.
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